CIMA E1 Syllabus E4. IT - Security of data - Notes 6 / 7
Risks Related To New IS
Further considerations of new IS Invesment
There are different privacy and security risks that should be considered with regards to new IS investment, along with solutions to tackle each risk.
An example of such a risk is hacking.
Hacking is deliberate access to systems by unauthorised persons.
It can be prevented through firewalls, robust passwords etc.
Other risks and potential solutions are:
| Risk | Solution |
|---|---|
| Malfunction | Design, recovery and backup |
| Unauthorised access | Access controls, segregation of duties, physical controls |
| Viruses | Firewalls, virus protection |
| Hackers | Firewalls, robust passwords, training procedures, encryption |
| Human error | Training, safeguards, controls and review |
| HR Risk | Workstation assessment |
| Natural disasters | Backup procedures, safeguards and planning |